Zomato Media acquisition of Uber Eats India

21/1/2020

Private acquisition

Status:

Completed

Date:

21/1/2020

Overview:

Online food and nightlife guide service Zomato Media has acquired Uber's food delivery service business Uber Eats in India for a confidential amount.
Uber has received 9.99% ownership of Zomato as part of the deal.
This deal puts Zomato at the head of the food delivery market in India.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Technology and telecommunications
Food and beverage

Firm:

AZB & Partners

Party: Uber Technologies (Seller)

Party: Uber India Systems (Seller)

Lawyers: Ashwath Rau, Jasmin Karkhanis

Related deals